Turboprop maker ATR has completed commercial negotiations with Iran Air for the sale of at least 20 aircraft and expects to be able to sign a contract very soon, the head of the Franco-Italian aircraft maker said on Friday.

Turkish exports to Iran in 2016 rose 35.6% compared to the preceding year to mark the highest rise among Turkey’s export destinations, according to Turkish Exporters Assembly Chairman Mehmet Buyukeksi.

South Korea's Iranian crude oil imports in December soared nearly eight times greater than a year ago, and its 2016 crude imports from Tehran more than doubled from 2015 levels, following last January's lifting of sanctions targeting the Mideast nation.

Tehran (ISNA) - A lot of foreign investors have express their readiness for investment in Iran railways, some of contracts are finalized and some of are in the negotiation phase, Iran Railways Director General for International Affairs insisted.

Iran’s eight major steel producers exported 4.12 million tons of crude steel in the first nine months of the current Iranian calendar year (March 20-Decemebr 20, 2016), with 55 percent rise from the same period of time in the previous year, IRNA reported on Sunday.

Iran says it has started talks with major American and Italian companies to form partnerships with some of its oldest brands of household devices in what appears to be a policy to prevent their demise.